JSW Cement begins EV pilot project
India-based JSW Cement has acquired five electric trucks from the Murugappa Group as part of a pilot project to transition to the use of EV trucks. According to JSW Cement, the ...
Jsw Cement
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JSW Cement reveals IPO plans to fund expansion
JSW Cement is planning to launch an initial public offering (IPO) in 2024 to raise INR40,000m (US$483.8m) to fund its ongoing expansion plans, reports Live Mint. “In 2024, we ar...
JSW Cement announces key milestones
JSW Cement has announced a number of milestones that underscore the company’s commitment to innovation, sustainability and expansion. Shiva Cement , a subsidiary of JSW Cement, ...
India's CMA appoints new president
India’s Cement Manufacturers’ Association (CMA) has appointed Neeraj Akhoury, managing director at Shree Cement Ltd , as its new president, and Parth Jindal, managing director o...
Shiva Cement inaugurates Sundergarh mill
India-based Shiva Cement , part of JSW Cement , has inaugurated its new cement plant in Sundergarh, Odisha. The new plant has an overall capacity of 1.05Mta as well as an additi...
Sustainability-linked loans gain momentum in the cement industry
This week JSW Cement announced that it was signing a new loan agreement that would be sustainability-linked to raise US$50m in debt capital to help achieve its 50Mta production ...
JSW Cement secures SLL funding for capacity expansion
JSW Cement has signed a Sustainability Linked Loan (SLL) agreement with BNP Paribas Singapore for INR4140m (US$50m). According to BusinessLine, the cement producer has raised a ...
Shiva Cement's income tumbles as expansion plans continue
Shiva Cement Ltd , part of JSW Cement , has reported total income of INR34.74m (US$421,582) in the year ended 31 March 2023, compared to INR72.7m in the previous year. Finance c...
India builds first cement concrete steel slag road
India’s first cement concrete steel slag road is currently under construction on National Highway 66, around 50km outside Mumbai. The 1km stretch of road, which is located near ...
UAE climate change ministry signs AF deal with cement companies
The UAE Ministry of Climate Change and Environment and Emirates RDF have signed Memoranda of Understanding (MoUs) with four cement companies – Fujairah Cement Industries , JSW C...